Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Stringent health and safety laws and regulations for FMCG products, including tobacco products.
• Reliance on third-party manufacturers and suppliers for procuring products.
• Lack of long-term contracts with customers, operating primarily on purchase orders.
• High working capital requirements.
• Dependence on a limited number of customers.
• Dependence on few suppliers for material requirements.
• Need to obtain and renew registrations, licenses, and permits from authorities.
• Operating in a highly competitive industry.
• Potential liability for product deficiencies and negative publicity.
• Similar business objects of Promoter Group Entities without non-compete agreements.
• Risks from interest rate fluctuations.
• Geographical concentration of business in Coorg district, Karnataka.
• Dependence on third parties for transportation needs.
• Risk of inventory spoilage due to weather conditions or infections.
• Past delays in filing statutory returns.
• Past comments from auditors regarding fixed asset records.
• Inability to manage growth effectively.
• Lack of alternate arrangements for capital requirements.
• Lack of ownership of Registered Office and godowns.
• Cyclical demand for products leading to unpredictable performance.
• Related party transactions and potential conflicts of interest.
• Funding requirements and deployment of Offer Proceeds based on management estimates.
• Flexibility in utilizing Net Proceeds without an independent monitoring agency.
• Past negative cash flows.
• Unsecured loans recallable by lenders on demand.
• Issuance of Equity Shares at prices lower than the Issue Price in the past.
• Lack of dividend payments in the past.
• Promoters retaining majority control after the Issue.
• Unregistered trademark.
• Financing agreements containing covenants limiting business flexibility.
• Inadequate insurance coverage against all material hazards.
• Increased resource strain from requirements of being a listed company.
• Potential adverse effects from macroeconomic downturn in India.
• Changing laws, rules, and regulations and legal uncertainties.
• Risks from natural disasters, fires, epidemics, pandemics, etc.
• Significant differences between Ind AS and other accounting principles.
• Fluctuations in the price of Equity Shares and uncertainty of a liquid market.
• Potential adverse effects from future issuance of Equity Shares or sales by Promoters.
• Indian taxes on capital gains from the sale of Equity Shares.
• Restrictions on Bid withdrawal for QIBs and Non-Institutional Bidders.
• Potential adverse effects from political, economic, or other uncontrollable factors.
• Difficulty in enforcing foreign judgments against the Company or management.
• Potential price and volume fluctuations of Equity Shares after the Offer.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Sustainability

Environmental Achievements

• The use of energy is being optimized through improved operational methods. Continuous efforts are being made to optimize and conserve energy by improvement in production process. Even though its operations are not energy-intensive, significant measures are taken to reduce energy consumption by using energy-efficient equipment.

Social Achievements

• Not disclosed

Governance Achievements

• The Company has in place an Anti-Sexual Harassment Policy in line with the requirements of the Sexual Harassment at Workplace (Prevention, Prohibition, and Redressal) Act, 2013.

Climate Goals & Targets

Environmental Challenges

• high commodity prices, rising interest rates and the continuing impact of Russia-Ukraine war. Further, the long-term effects of these factors continue to be felt extensively, giving rise to fears of an impending recession in major economies. Although commodity prices were volatile and inflation was at unprecedented levels, the post-covid normalisation of economic activities supported growth throughout the year.
• Global warming is also having a significant impact on food availability and the environment in general.
• Revival in most large economies remains elusive, impacting global financial health. However, the Indian economy is anticipated to continue its expansion, presenting opportunities for growth.

Mitigation Strategies

• Your Company was able to successfully navigate these challenging circumstances and deliver strong performance through focused efforts, robust cost efficiency programs, brand marketing and timely price increases.
• Your Company has proactively initiated measures to navigate these challenges and drive growth. Key focus areas include optimizing supply chain efficiencies, expanding capacities, marketing and operational capabilities.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed